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Madison Market Report

$240,864

AVERAGE PRICE OF 122 HOMES

$1,200,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$278,260

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$238,960

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $240,864
Avg Bedrooms 2.94 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $91,633
2 bedrooms $159,165
3 bedrooms $232,831
4 bedrooms $403,132
5 bedrooms $314,979
Madison Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 136 148 148 145 133
Average Price $246,294 $250,974 $253,706 $248,602 $249,292
Avg Price Change -1.90% -1.09% +2.05% -0.28% +1.26%
Median Price $232,564 $232,746 $230,178 $226,029 $220,365
Med Price Change -0.08% +1.12% +1.84% +2.57% +0.65%
Avg Bedrooms 2.73 beds 2.73 beds 2.72 beds 2.78 beds 2.9 beds
Avg Bathrooms 1.82 baths 1.76 baths 1.79 baths 1.78 baths 1.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hunters Lane Comp High School 105 $227,553 58 days
Madison School 1 $221,000 13 days
Maplewood Comp High School 15 $326,420 89 days
Stratford Comp High School 1 $375,000 24 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 122 $240,864 61 days
Multi-Million Dollar Homes 1 $1,200,000 197 days
Newly Built Homes 12 $278,260 105 days
Reduced Price Homes 5 $238,960 33 days
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